With financial planning, you can attain financial independence and ensure greater security. You may be one among those who budget and try to stick to it. Nevertheless, you need to earn enough money to save and invest in securities or keep it aside to meet any emergency. There are money earning apps that help you have a second income. They include refer & earn programs, which don’t ask for any investment.
If you are running a small business as an insurance agent, a financial advisor, or an affiliate partner, you can use a referral partner program to grow your business. IDFC FIRST Bank offers you a great opportunity to earn extra money a minimum of 50K every month by giving referrals for instant personal loans. Using the MyFIRST Partner App, you can help people acquire a personal loan to meet an emergency.
You have the opportunity to represent a leading bank and market its financial products by working as a part-time consultant. Most people, who may be your relatives, friends, neighbours, or colleagues, look for immediate financial assistance during an emergency. There are numerous financial institutions, including banks, offering instant personal loans. It is not easy to find the right bank.
As a referral partner of IDFC FIRST Bank, you can assist them in getting a personal loan at a flexible repayment schedule and competitive interest rate. If you are good at networking, you can make use of one of these best side jobs online for higher earnings. IDFC FIRST Bank requires you to have sufficient knowledge about their loan products and share them with prospective applicants. To earn extra money and grow your business, you need to:
- Become a referral partner or a part-time financial advisor
You can become a referral partner of IDFC FIRST Bank if you are over 18 years and a citizen of India. Furthermore, you are required to download the MyFIRST Partner App and register your name by submitting:
- A copy of your recent photo
- Your personal details such as your name, age, date of birth, address, and PAN Card and Aadhaar Card details
- The scanned copies of your PAN Card and Aadhaar Card, Voter ID, or Passport for identity and address proof
- Your bank account details
You may have to verify the details submitted by submitting the OTP sent to your mobile phone. On confirmation, you can start getting referrals for personal loans to make money online in India easily. You will be paid for each positive referral.
- Build a strong referral network
People trust those who know them well. You generally come across your family members or friends who seek advice on attaining an instant loan to meet an emergency. You can share your experience of acquiring a personal loan from IDFC FIRST Bank or the benefits of applying for a loan through a referral app.
Such people trust you and value your advice when you are in social circles. You can thus build your referrals by putting some effort into networking and through word-of-mouth marketing.
- Help people apply for and get a personal loan
As a referral partner, you need to help your referrals get a personal loan. Using the MyFIRST Partner App, you can fill out the loan applications and submit them with supporting documents for processing and approval of the application. IDFC FIRST Bank looks for the applicants’ eligibility criteria before approval.
Once you have submitted the duly filled loan applications, a relationship manager from the support team will get in touch with the customers and extend complete support and assistance in getting the personal loan.
- Receive compensation for each disbursement
You are paid for the referrals after the disbursement of the loan amount. A certain percentage of the loan amount sanctioned is credited to your bank account. You also earn some exciting rewards.
IDFC FIRST Bank offers one of the best extra income jobs for insurance agents, financial advisors, retired persons, and students, who can associate with the bank by registering with the MyFirst Partner App.